Gallazzi Group Press Release.

Gallazzi announces successful refinancing closing.

Milano – 06th july 2011.

Gallazzi, one of the world leading PVC foil and film producer – coater, announced today that it has completed a refinancing of substantially all its bank debt, reducing its costs of capital and giving the company more stable and flexible capital structure.

The company will continue to focus on improved productivity and quality controls in all of our operations. Gallazzi is particularly focused on growing in speciality product segments where its leading product technologies and it strong relationship with customers can drive it expansion.

This refinancing is giving Gallazzi a capital and cash structure to match its operating strategies.

For further information, please contact :

Paolo Bruzzi
Tape business
Business Unit Mgr
Paolo.bruzzi@gallazzi.com

Antonino Crisafulli
Box, Card, Pharma, Print, Food business
Business Unit Mgr
Gallazzi France – Distribution
Gallazzi UK
antonino.crisafulli@gallazzi.com